| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $308M | $304M | $304M | 1.4% | 1.6% |
| Op. Income | $10M | $16M | $10M | -37.8% | -5.0% |
| Gross Margin | 25.5% | 26.3% | 24.4% | -0.8pp | 1.1pp |
| Net Margin | 1.6% | 3.0% | 1.7% | -1.3pp | -0.1pp |
| EPS (Diluted) | $0.23 | $0.41 | $0.23 | -43.9% | 0.0% |
| Free Cash Flow | -$1M | -$24M | -$2M | 95.6% | 48.1% |
| Item | Amount |
|---|---|
| REVENUE | $308M |
| Cost of Revenue | $230M |
| GROSS PROFIT | $79M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $69M |
| SG&A Expenses | $69M |
| Other Expenses | $0 |
| Operating Expenses | $69M |
| Cost & Expenses | $299M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $3M |
| EBIT | $10M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $308M |
| Cost of Revenue | $230M |
| GROSS PROFIT | $79M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $69M |
| SG&A Expenses | $69M |
| Other Expenses | $0 |
| Operating Expenses | $69M |
| Cost & Expenses | $299M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $3M |
| EBIT | $10M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $408.0K |
| Other Non-Cash Items | -$145.0K |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $690.0K |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$727.0K |
| Net Debt Issuance | $29M |
| Common Stock Repurchased | -$472.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $266.0K |
| NET CASH FROM FINANCING | $29M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $64M |
| Short-Term Investments | $0 |
| Net Receivables | $36M |
| Inventory | $507M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $616M |
| PP&E (Net) | $184M |
| Goodwill | $65M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $257M |
| TOTAL ASSETS | $873M |
| Account Payables | $15M |
| Short-Term Debt | $363M |
| Deferred Revenue | $27M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $446M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $40M |
| TOTAL LIABILITIES | $486M |
| Common Stock | $28.0K |
| Additional Paid-In Capital | $274M |
| Retained Earnings | $217M |
| Treasury Stock | -$103M |
| Accum. Other Comp. Income | -$513.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $387M |
| Minority Interest | $0 |
| TOTAL EQUITY | $387M |
| TOTAL LIABILITIES & EQUITY | $873M |
| Total Debt | $405M |
| Net Debt | $341M |
